JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.65% at 4475 this morning, extending Tuesday and Monday gains.
Asian stocks held firm on Wednesday as a sharp rebound in oil prices supported battered resource shares and emerging economy currencies, while Japanese markets were tentative ahead of a crucial Bank of Japan policy meeting, Reuters reported.
Nymex’s crude oil rose 1.05% to US$49.04 per barrel in Asian trading this morning and gold increased 0.15% to US$1,148.10 per ounce.
Adaro Energy gained 2.68%, Alam Sutera jumped 4.66%, Bank Rakyat Indonesia hiked 2.9%, Indocement climbed 2%, Indo Tambangraya increased 2.46%, Jababeka gained 2.34%, and Timah rose 2.3%.